In a major U-turn in the Global War on Cash, the government and central bank of Norway, one of Europe’s most cashless economies, are seeking to slow or even reverse the mass abandonment of cash. Only 3% of Norwegians used cash in their latest purchase in a physical shop, according to a recent central bank survey.
Perhaps cash does have a place in the world. It looks like fiat currency, not metals. How could it be that the purely digital methods don’t resonate with people?